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$8,499,000
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Property Description
Welcome to Iron Horse Lodge, a newly constructed custom masterpiece ideally positioned within The Lodges at Eagles Nest, just minutes from downtown Banner Elk and moments from the Great Camp Amphitheater and Epic Chophouse. Thoughtfully designed to capture long-range sunset views over the Blue Ridge Mountains, this exceptional home offers a seamless blend of modern mountain architecture, enduring materials, and refined luxury living. A striking exterior of natural stone, horizontal wood siding, and architectural shingles is accented by standing seam metal roofing and timber columns, creating a warm yet sophisticated presence. Built for longevity, Edge Vesta steel siding is incorporated in hard-to-reach areas for enhanced durability and low maintenance. A custom-engineered foundation with steel beam construction allows for a dramatic cantilevered design-maximizing both structural integrity and panoramic views. Designed as a true primary residence, every detail reflects a no-compromise approach to craftsmanship. The easily accessible driveway offers ample guest parking, complemented by an oversized two-car garage and additional single-car garage. A well-appointed mudroom with built-in laundry, drop zone, and custom dog wash enhances everyday functionality. Inside, oversized glass barn-style doors open to a welcoming foyer, anchored by a wine and cocktail lounge-setting the tone for elevated entertaining. A private office with custom architectural doors leads into an expansive living and dining area, where fully retractable glass doors create a seamless indoor-outdoor experience. Step onto over 2,400 square feet of outdoor decks, thoughtfully designed to take full advantage of the home's breathtaking sunset views. The chef's kitchen is outfitted with Thermador Professional Series appliances, dual dishwashers, a wet bar/coffee station with sink and refrigerated drawers, and a fully equipped butler's pantry with built-in desk, prep space, and abundant storage. The main-level primary suite offers a private retreat with fireplace, coffee bar, beverage fridge, and sink. Expansive windows frame mountain views, while direct deck access leads to a Bullfrog 6+ person hot tub. The spa-inspired bath features a soaking tub, dual-head shower, and double vanities, complemented by a walk-in closet with its own washer and dryer. Upstairs, a second en suite bedroom is joined by an additional bedroom with nursery, hidden door access, and a spacious walk-in closet. A large shared bath includes a soaking tub and dual-head shower, while a covered deck captures elevated mountain vistas. The lower level is where this home truly expands its potential. In addition to a spacious family room, bunkroom suite, full bath, gym, half bath, and wellness room with cold plunge and infrared sauna, the home includes over 1,000+ square feet of additional heated living space currently being completed. Buyers have a rare opportunity to personalize several basement-level spaces-including a theater room and flexible living areas-allowing for customization to suit their lifestyle. Offered fully furnished with select exclusions, Iron Horse Lodge is a rare opportunity to own a professionally designed, luxury mountain retreat-enhanced by expanded living space, customization potential, and exceptional outdoor living-without the wait of new construction. Interior design by Lucy and Company delivers a bold, curated aesthetic recognized in luxury publications.
Full Property Details
Full Property Details for 270 Osprey Dr
General
- Price: $8,499,000
- HOA FEE: $505/month
- HOA FEE FREQ.: Quarterly
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4373242
- Updated: 5/22/2026
- Added to Site: 37 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Gas Log, Gas Vented, Great Room, Primary Bedroom, Gas Log, Gas Vented, Great Room, Primary Bedroom
- Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Hood, Filtration System, Gas Range, Ice Maker, Microwave, Propane Water Heater, Self Cleaning Oven, Washer, Washer/Dryer, Wine Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
- Upper - Full Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms-B: 1
- Bedrooms Upper: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: In Bathroom, Mud Room
Additional Information
- Shared Amenities: Dog Park, Fitness Center, Game Court, Gated, Helipad, Pickleball, Picnic Area, Playground, Pond, Recreation Area, Sport Court, Tennis Court(s), Walking Trails
- Equipment: Fuel Tank - Leased, Generator, Network Ready, Surround Sound
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Driveway, Attached Garage, Garage Faces Front, Garage Faces Side, Keypad Entry
Location
- County: Avery
- Subdivision: The Lodges at Eagles Nest
- Driving Directions: From Banner Elk, take a left at main stoplight onto Hwy 184/Banner Elk Hwy. Turn right into main entrance of Eagles Nest (51 Eagles Nest Lane for GPS). Follow main road (Eagles Nest Trail), turn left on Smokerise Drive, turn left on Osprey Drive. House will be on right as you enter the cul-de-sac.
School Information
- Elementary School: Freedom Trail
- Middle School: Avery County
- High School: Avery County
Community
- Assoc. Name: Eagles Nest POA
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Electric, Forced Air, Heat Pump, Propane
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Electricity Connected, Fiber Optics, Propane, Underground Power Lines
Structural Information
- Architectural Style: Contemporary
- Construction: Site Built
- Exterior Const.: Stone, Wood, Other - See Remarks
- Basement: Yes
- Basement Desc.: Partially Finished, Storage Space
- Roof: Architectural Shingle, Metal
- Upper: 1,950 Sq. Ft.
- Main/1st Level: 3,168 Sq. Ft.
- Year Built: 2025
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Elevation (Approx.): 4000
Financial Considerations
- Association Fee: $1,515
- Assoc Fee Freq.: Quarterly
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Building, Deed, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet
- Property ID: 1839-00-87-2846-00000
- Plat: 43/345
- Lot Number: 552-1617
Listed by Ivester Jackson Christie's
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Schools
Schools serving 270 Osprey Dr
School District:Avery County Schools
| Name | Grades | Distance |
|---|---|---|
Banner Elk Elementary School 155 Orchard Lane, Banner Elk, NC 28604 | PK-5 | 4.1 mi |
Cranberry Middle School 6230 North US Highway 19E, Elk Park, NC 28622 | 6-8 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 270 Osprey Dr
Date
Details
Price
Change
Source
5/15/2026
Listed
$8,499,000
2437.01%
MLS
11/19/2020
Sold
$335,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 270 Osprey Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,014
102%
$3,904,500
215%
2024
$4,960
100%
$1,240,100
267%
2023
-100%
$337,501
-91%
2022
$15,646
1038%
$3,911,600
1465%
2021
$1,375
—
$250,001
—
2021
$1,375
—
$250,000
—
2019
$1,375
—
$250,000
—
2018
$1,375
525%
$250,000
525%
2017
$220
—
$40,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 270 Osprey Dr
270 Osprey Drive, Banner Elk, NC 28604 (MLS# 4373242) is a Single Family property with 5 bedrooms, 4 full bathrooms and 2 partial bathrooms. 270 Osprey Drive is currently listed for $8,499,000 and was received on May 15, 2026. Want to learn more about 270 Osprey Drive? Do you have questions about finding other Single Family real estate for sale in Banner Elk? You can browse all Banner Elk real estate or contact a Coldwell Banker agent to request more information.

